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11y ago
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1mo ago

Actually, a free zone is a designated geographical area where certain trade barriers like tariffs, taxes, and quotas are eliminated to encourage foreign investment and boost economic activities. It offers businesses a favorable environment for importing raw materials and manufacturing goods for export without being subject to standard customs regulations.

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Q: A free zone is an area that normal circulation controls are relaxed within a controlled or restricted area to accommodate construction or similar activities?
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